The Business Times, 18 March 1988

Microfilm: NL16110
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, MARCH 18, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    262 1 Reuter Dow Jones higher WALL STREET stocks yesterday resumed a mild early rise following the report of a January US trade deficit at the low end of expectations. The dollar also firmed again but US bond prices were below session highs in volatile trading. The Dow 30
    Reuter  -  262 words
  • Article, Illustration
    Rise on Wall Street boosts Asian stock markets
    256 1 THE REGION'S stock markets taking their cue from New York closed sharply higher yesterday as investors go on a buying spree following an overnight 17point rise in the Dow Jones Industrial Index to 2,064.32. Share prices in Tokyo closed at a post-Crash
    256 words
  • Article
    Pound seesaws in London
    145 1 THE BRITISH POUND moved up and down in early trading in London yesterday. After sterling opening well above a key resistance level ot 3.10 West German marks, the Bank of England cut its money market lending rate half a percentage point to 8% per cent, forcing
    145 words
  • Article
    Lock icon US sends brigade to Honduras in wake of Sandinista incursion
    268 1 Agencies PRESIDENT RONALD Reagan yesterday sent US troops to Honduras because of "significant cross-border incursion" by Sandinista armed forces into Honduras from Nicaragua, and at the request of the government of Honduras. White House spokesman Marlin Fitzwater said the president
    Agencies  -  268 words
  • Article, Illustration
    Promet goes to court to discharge receivership
    378 1  -  By ELAINE KOH AFTER several false starts, the Promet Bhd group is finally ready to go to court today in Singapore. Kuala Lumpur and Hongkong to have a 17-month receivership discharged. The syndicate of banks led by the Manufacturers Hanover Trust Company has
    378 words
  • Article, Illustration
    Dhana justifies $350m road tunnel project
    405 1  -  Jffl By JOHN LIM MANY SINGAPOREANS were asking whether it was wise for the government to spend $350 million on a road tunnel project which would cut travelling time by just 10 minutes, said Dr Wong Kwei Cheong (Cairnhill) in Parliament yesterday. But National
    405 words
  • Article
    Ngee Ann Polytechnic falls in step with walk-in interviews for lecturers
    437 1  -  By TONG SUIT CHEE IF YOU CAN'T beat them, join them that's what the Ngee Ann Polytechnic is doing in conducting walk-in interviews for lecturers in competition with the electronics industry. Walk-in interviews have become more common in Singapore
    437 words
  • Article
    Govt-linked companies given freer hand in overseas drive
    379 1  -  FLEXIBILITY TO SEIZE OPPORTUNITIES AS THEY ARISE By LOH HUI YIN HAVING IDENTIFIED the need for Singapore business to venture abroad aggressively, the government is looking to its own stable of companies to take the lead. Government-linked companies have been told that
    379 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      159 1 nnr ADVANCED BATTERIES for commercial, industrial military applications It's the best rate in town ff MflXI SAVE "Maxi-Save gives you the highest rate in town! "But is Maxi-Save a savings account or a current account, people keep asking me. "Answer is if s both. Linked up. "Maxi-Save means we transfer
      159 words
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      Page 1 Advertisements Column 2
      373 1 Full report, Pag* 16 Regional markets, Page 18 World markets, Pag* 19 A high-flying industry THE BOOM CONTINUES in the aircargo industry. In Singapore, the momentum that built up last year carried through confidently into the first two months this year. And for the region, with a growing spirit of
      373 words
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      Page 1 Advertisements Column 3
      76 1 EP4IOZ QUADRUPLE ZOOMING POWER MINOLTA Power-enlarging to 4 times original size. Shipping Timet comes at a separate section today. Make sure you get your copy. Vitalis* MOUSSE FOR MEN Vitalis Mousse for Men delivers full-bodied, natural control. Allows hair to be blown and shaped the way you want it. Then
      76 words
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  • FOCUS
    • Article
      HDB to re-deploy staff made redundant
      351 2 MINISTRY OF NA TIONAL DEVELOPMENT HOUSING AND DEVELOPMENT Board staff whose jobs may become redundant with the establishment of more town councils will be redeployed. Mr S Dhanabalan, Minister for National Development, said yesterday in Parliament. Mr Dhanabalan, also Minister for Foreign Affairs, was
      351 words
    • Article
      98pc of HDB flats subsidised: Dhana
      256 2  -  aaHMIBEBQi?. Reports by JOHN LIM, CHUANG PECK MING and GENEVIEVE CUA MR CHIAM See Tong (Potong Pasir) said prices of HDB flats were not subsidised and accused the Ministry of National Development of making a profit out of the sale of the flats Mr
      256 words
    • Article
      PPD buying meat from more sources
      222 2 THE PRIMARY Production Department (PPD) is now buying meat from 22 countries, up from seven sources three years ago. To ensure a stable and adequate supply of safe, wholesome and quality meat, fish and vegetables. the PPD must diversify its sources of supply, said
      222 words
    • Article, Illustration
      Working towards a smoother flow of traffic
      196 2 THE PUBLIC Works Department will be instructed to consider reducing the number of traffic and pedestrian crossing lights along Orchard Road to ease the flow of vehicles. National Development Minister Mr S Dhanabalan agreed with Mr Chng Hee Kok (Radin Mas) that there
      196 words
    • Article
      Preferential concessions for resettled shopkeepers?
      356 2 THE GOVERNMENT will consider giving shopkeepers affected by resettlement a preferential concession to buy HDB shops. Minister of State (National Development) Dr Lee Boon Yang said. Dr Lee. who is also Minister of State for Home Affairs. said this in response to an appeal from
      356 words
    • Article
      PARLIAMENT BRIEFS
      434 2 THE NUMBER of male and female sterilisations has been declining since 1976. There were about 10,000 cases in 1976 and 4,700 in 1966. There were about 3,600 cases last year, said Mr Yeo Cheow Tong, the Acting Minister for Health. THE URBAN Redevelopment Authority will not offer free
      434 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      194 2 V «Xr. r j 0 m M 2ffi£ *> *Mk* ■*m- T"- 4 SKhv ~3»»* MBijJ iiTl n i h^sk^j-'.» 'f ii ft mil m BB t "Swpfc ai^rrr *■.-> T r rs: »V' v«. 9000 i 16 Iklk about safety measures, space, design, economy and prestige, SMD has them
      194 words
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      Page 2 Advertisements Column 2
      243 2 Mini Imperial Banquet now available at Golden Phoenix Sichuan Restaurant Hotel Equatorial W u It is a connoisseur s dream come true. An Emperor's banquet in a majestic spread of exotic food that stretches to a few days of feasting Now you can savour a mini version right here, any
      243 words
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  • HOME NEWS
    • Article
      NatWest sees slowdown in regional economic growth
      491 3  -  By MARTIN SOONG ECONOMIC GROWTH projections for Asian-Pacific economies by National Westminster Bank continue a general forecasting trend which sees a slowdown in the region in the next two years. "Even so, growth in the region will remain well above the international average
      491 words
    • Article
      Trial run for Pasir Ris resort in July
      184 3 FROM JULY, union members will be able to enjoy the Pasir Ris Resort at concession rates, even though the place will be officially opened only in September. Mr Ong Teng Cheong, NTUC secretary-general, said this when he briefed union leaders on the
      184 words
    • Article
      Three companies to share their export know-how
      188 3 THREE COMPANIES will be sharing their export experiences with 150 small and medium-sized enterprises (SMEs) at a workshop organised by the Trade Development Board (TDB) on March 30. The three companies, Microfits Methods. World Scientific Publishing and AMREP, have gained from SME assistance
      188 words
    • Article
      Calling all budding inventors
      126 3 APPLICATIONS are now open for this year's Tan Kah Kee Young Inventors' awards. The competition is open to all members of the public and students from tertiary institutions below the age of 30. There will be three categories engineering, physics and chemistry; computer science; biology and
      126 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      261 3 STEVEN DILLON is now divisional manager of TNT Expressf!l* f'"O a P° r a new division of TNT Skypak International Pte Ltd. Mr Dillon, who has been in the forwarding business for the past six years, joined TNT Skypak in early 1987 as country sales and marketing
      261 words
    • Article
      Joint venture formed to produce hybrid circuits
      329 3  -  By LILIAN ANG A LEADING electronics components distributor in South-east Asia, Dynamar Computer Systems, has teamed up with an American manufacturer to produce high value-added thick-film hybrid circuits in Singapore The new company, Microtechnology (Singapore), a $3 million joint venture with 60-40 equity
      329 words
    • Article
      AALCC elects secretarygeneral
      207 3 THE ASIAN-AFRICAN Legal Consultative Committee's (AALCC) three-year search for a secre-tary-general has ended with the election of Mr Frank Njenga of Kenya. Mr Njenga was chosen at yesterday s meeting of the 27th annual AALCC session which began on Monday in Singapore. There were two other candidates
      207 words
    • Article
      Delegate dies
      40 3 AN ASSISTANT secretary-gener-al of the Asian-African Legal Consultative Committee (AALCC), Dr Mostafa Ranjbaran. died suddenly of a heart attack on Wednesday morning. Or Ranjbaran, from Iran, was in Singapore to attend the 27th general session of the committee
      40 words
    • Article
      SAF to honour employers
      139 3 RESERVISTS are urged to nominate their employers, who have been supportive of reserve training and policies, tor this year's Singapore Armed Forces Awards for employers. These annual awards were introduced by the Ministry of Defence in 1986 to recognise employers' contribution in national defence. Besides releasing
      139 words
    • Article, Illustration
      TMA resuming cargo service to Singapore
      513 3  -  By LIM SOON NEO TRANS MEDITERRANEAN Airways (TMA), which stopped flying to Singapore in mid-1985, will zoom into Singapore once again tomorrow at a time when there is a cargo boom. It will operate a weekly service from Beirut to Singapore and beyond to
      513 words
    • Article
      American Indians on marketing mission
      313 3 A DELEGATION of American Indian fishermen arrived here on Wednesday to explore opportunities for marketing salmon. The team is on the last leg of a journey which has already taken it to Japan and Hongkong. The mission is part of efforts by the American Indians
      313 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      58 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex fax copier word processing, secretarial services, conference room, answering service, long snort term lease vou name it' Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE
      58 words
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      Page 3 Advertisements Column 2
      193 3 A HOME NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      193 words
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      Page 3 Advertisements Column 3
      8 3 Asian air cargo ■prtida to wing*, Paga 10
      8 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Japanese working harder and saving more
      480 4 Reuter TO HELP right the world's lopsided trading patterns, the Japanese were supposed to start working and saving less. Neither is happening. Japanese government statistics show the average salaried man worked more hours in 1987 than the year before, and saved a higher proportion
      Reuter  -  480 words
    • Article
      Lock icon Further growth expected — survey
      144 4 Further growth expected survey Reuter JAPAN S ECONOMY is poised for further expansion as companies are becoming increasingly optimistic about future business prospects, the Finance Ministry said in Tokyo on Wednesday in a quarterly survey. The economic outlook has improved in both the manufacturing and non-manufacturing sectors of the economy,
      Reuter  -  144 words
    • Article, Illustration
      Lock icon Britain softening tone on trade disputes with Japan
      247 4 Reuter BRITAIN believes that Japan is genuinely trying to dismantle trade barriers and London has softened its tone on disputes that have gone on for years. "I am sorry people think there were 20 years of conflict. I am looking forward now
      Reuter  -  247 words
    • Article
      Lock icon Beijing, Bonn building plane
      113 4 AFP CHINA and West Germany are developing a passenger plane which will make its first flight in 1994 and come into service a year later, the official New China News Agency reported in Beijing on Wednesday. The MPC-75, able to carry 76 passengers and fly a
      AFP  -  113 words
    • Article
      Lock icon Pakistan keen on signing Afghan peace pact
      180 4 Reuter PAKISTAN said on Wednesday it was committed to signing an Afghan peace accord with Kabul, but the principle behind the formation of a transitional coalition government had to be agreed on first. But Afghanistan said the issue of a new Kabul government
      Reuter  -  180 words
    • Article, Illustration
      Lock icon Kim Dae-jung resigns as party president
      452 4 NYT KIM OAE-JUNG, South Korea's best known opposition leader, resigned yesterday as president of his party in a last-minute bid to unite the nation's bitterly divided opposition before legislative elections next month. Partisan rivalry and recriminations have riven South Korea s opposition parties since
      NYT  -  452 words
    • Article
      Lock icon Minister meets Rajiv on Tamil problem
      273 4 AFP SRI LANKAN Lands Minister Gamini Dissanayake discussed with Prime Minister Rajiv Gandhi in New Delhi on Wednesday a fresh timetable for resuming democratic processes to solve the Tamil problem, officials said. Mr Dissanayake, who arrived in New Delhi late on Tuesday on an
      AFP  -  273 words
    • Article
      Lock icon Manila's balance of payments surplus down to US$264m
      151 4 AFP THE PHILIPPINES' balance of payments surplus amounted to US$264 million in 1987, far below the US$672-million surplus in 1986, the official Philippine News Agency (PNA) said on Wednesday. This was due largely to the fall of the current account from a
      AFP  -  151 words
    • Article
      Lock icon Philippines to expand its metro system
      132 4 AFP THE PHILIPPINE government is planning to expand its Light Railway Transit (LRT) system soon to ease transportation problems in traffic-clogged Manila The Light Railway Transit, powered by electricity and running above rooftops across the metropolis on elevated rail platforms, was inaugurated in December
      AFP  -  132 words
    • Article
      Lock icon Communism still a latent danger, says news agency
      111 4 AFP COMMUNISM is still officially classified as a latent danger some 22 years after the military-backed government of President Suharto banned the Communist Party of Indonesia (PKI). the Antara news agency said in Jakarta yesterday. The National Assembly, which re-elected President Suharto
      AFP  -  111 words
    • Article
      Lock icon West Bank revolt shifts emphasis to economics
      396 4 AP THE CONFRONTATION in the occupied West Bank and Gaza strip has increasingly become an economic test of wills between Israeli authorities and Palestinians. Underground Palestinian leaders have persuaded many merchants and ordinary citizens to stop paying taxes and have enforced repeated strikes,
      AP  -  396 words
    • Article
      Lock icon US fails to persuade Israel to support peace talks
      157 4 UPI PRESIDENT REAGAN and Secretary of State George Shultz failed on Wednesday to persuade Israeli Prime Minister Yitzhak Shamir to support US-led peace negotiations. but Mr Shamir said he is ready for direct talks with his Arab neighbours under certain conditions.
      UPI  -  157 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      996 4 ARRIVALS Operator Sorvk* Local From number tim# THAI TG481 0025 BKK FT FT71 0115 JFK/BOS/ORD/ ANC/NtT/MNl/ TPE SU SOU 0115 LAX/NRT UA UA805 0120 SFO/HKG JAl J1615 0305 TYO MAS MH601 0730 KUL SIA SQ911 0800 LHt/DXB MAS MH681 0820 Km SIA SQ43 0820 DHA KAl KE697
      996 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      109 4 w "TV m 0 rt A Sfi» i r You don't have to worry about who-done-it with Loboflor: the unique carpet with the ten-year guarantee. Loboflor has up to 80 million fibres in every square metre. With most stains, it's simply scrape and wipe for a clean getaway. Now Loboflor
      109 words
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      Page 4 Advertisements Column 2
      54 4 I II A/ I The business person's choice every I I II I I II II I Tuesday. Thursday. Saturday and Sunday. I M MI I Ml Leaving Changi Airport at 22:05 M ly/.L 1 hours and arriving Heathrow early •ie following morning Call your Travel Agent or Air Canada
      54 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      629 5 Computers and Communications TMekarl facts. When you choose a mainframe from NEC, you get a high-performance, cost-effective system that's right for you. Whether you're dealing in finance, manufacturing or distribution, youH find NEC mainframes fast, friendly, and easy to use for production and management alike. From the S4lO, for general-office
      629 words
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  • REST OF THE WORLD
    • Article
      Lock icon US panel to urge wider role for private firms
      409 6 Reuter A US PRESIDENTIAL commission will recommend later this week that private firms be given a greater role in many government programmes including air traffic control and mail delivery, its chairman said. David Linowes, chairman of President Reagan's Commission on Privatisation,
      Reuter  -  409 words
    • Article
      Lock icon Housing construction up sharply by 8.9pc
      273 6 AP HOUSING CONSTRUCTION in the US posted the biggest increase in more than a year as new projects climbed by 8.9 per cent in February, while US industrial production edged up 0.2 per cent, the government reported on Wednesday. The Commerce Department said last
      AP  -  273 words
    • Article
      Lock icon Budget chief backs cut in capital gains tax
      188 6 Reuter US BUDGET DIRECTOR James Miller told Congress he favoured a reduction in the capital gains tax, but that the administration was not advocating such a move this year. Mr Miller, testifying before the House Ways and Means Committee on Wednesday, repeated
      Reuter  -  188 words
    • Article, Illustration
      Lock icon US, Soviet defence chiefs have had 'positive' talks
      306 6 AP US DEFENCE SECRETARY Frank Carlucci and his Soviet counterpart. Dmitri Yazov, held what one official called "very positive" discussions on Wednesday on a range of military and arms control issues. "We are pleased with the way things are going," US State
      AP  -  306 words
    • Article
      Lock icon Bonn set to forgive some Third World debt
      390 6 Reuter WEST GERMANY is ready to forgive debts of several of the poorest Third World countries worth about 2.5 billion marks (US$l.6 billion), Overseas Development Minister Hans Klein said in Bonn on Wednesday. He said the government also planned to channel most
      Reuter  -  390 words
    • Article
      Lock icon EC recommends venture capital funds for research
      110 6 Reuter THE EUROPEAN COMMUNITY'S Executive Commission said it was recommending the creation of venture capital funds or investment companies to encourage medium-term research into technological projects. The Commission is also recommending that the EC should bear some of the cost of premiums for
      Reuter  -  110 words
    • Article
      Lock icon Swedish business groups attack proposed capital turnover tax
      209 6 Reuter IN AN OPEN LETTER to the Swedish government, 15 business organisations attack a proposed new turnover tax on Sweden's capital markets. The signatories fear the tax will decrease liquidity and make the markets less efficient, and believe it counters recent moves
      Reuter  -  209 words
    • Article, Illustration
      Lock icon Poindexter and North indicted on criminal charges
      371 6 Reuter PRESIDENT REAGAN'S former national security aides. John Poindexter and Oliver North, were indicted on criminal charges stemming from the Iran-Con-tra scandal, special prosecutor Lawrence Walsh said in Washington on Wednesday. Mr Walsh said the two men and two of their business associates
      Reuter  -  371 words
    • Article
      Lock icon Gorbachev wants to avoid higher debts
      264 6 Reuter SOVIET LEADER Mikhail Gorbachev told Yugoslav officials and experts he wants to avoid importing Western technology if it means higher debts. Mr Gorbachev made the remarks as he toured the Zemun Polje Maize Institute in Belgrade on Wednesday, sources who were present said.
      Reuter  -  264 words
    • Article
      Lock icon Balladur confirms budget deficit cuts for this year and next
      259 6 Reuter FRENCH FINANCE MINISTER Edouard Bahadur confirmed on Wednesday that the government still expects to cut the budget deficit to around 115 billion francs this year and to 100 billion in 1989. He earlier said that the deficit had been
      Reuter  -  259 words
    • Article
      Lock icon S Africa unveils big military budget
      371 6 AP THE SOUTH AFRICAN armed forces, engaged in combat in Angola. received the biggest spending boost in the 1988-89 budget unveiled by the government in Cape Town on Wednesday Military spending will rise by 22 6 per cent in a budget that calls for
      AP  -  371 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      110 6 >D\iiy r cpr > LUNCH SPECIALS Vil AT $9.00+ PER PERSON: MENU CHANGES DAILY a Now! Sunday Special Family set I lunch at $9.00+ per person Children under 10 years of age For 1 to 4 persons, 3 courses with soup.^®^s^L^pl^ For sto 6 persons, 4 courses with soup. ff
      110 words
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      Page 6 Advertisements Column 2
      55 6 h A, You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease,
      55 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      66 6 Doonesbury BY GARRY TRUDEAU mwmm! m s t r ONE PAY SUJA66ART UJAS CRUISING AROUND IN HIS 810 OL' BROUJN LINCOLN, ANP HE STOPS ANP ASKS ABOUT THIS OBTAIN GIRL. UJUL, IT TURNS OUT THIS GIRL MAS AT A BAPTISM, OF ALL THINGS! Ojuaj MILLER V CALIFORNIA u A p.
      66 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      123 6 r«H V///M. <K) 27/14 Smokuy 09/02 Ooudy 20/09 Cloudy 20/16 Cloudy 36/27 Sunny una* 10-02 Cloudy 18/06 Cioar 11/05 Cloudy 20/12 Cloor 09/03 Showors 27/17 RoM 07/01 Cloudy 27/15 Cloor 23/11 Cloor 00-06 Cloor 22/10 Fino 27/17 Cloudy -1/-8 Cloudy 01/00 Cloudy 32/26 Fino 09/04 Cloudy 11/05 Cloudy 15-02 Cloor
      123 words
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  • Page 7 Advertisements
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      228 7 A*' ,1 w y v pmw T'JM 1 i>W!. *'<■« mmmmmm. r^np* Pi !*IT <F?7? r* r^s 5* < V v ru In t •>' fr*3 t.< '(.C i Ll u i > n\» iw-^X Yk" w 4 c k V A v u fc s ifc m 9 r
      228 words
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  • COMMODITIES
    • Article
      Lock icon Confidence returns to KL commodity exchange
      511 8 Palm oil turnover averaged 1,468 lots a day in January AFP THE REVAMPED Kuala Lumpur Commodity Exchange is enjoying renewed confidence four years after huge defaults in its crude palm-oil futures contract brought the exchange to a virtual standstill. "Despite the defaults, the exchange
      AFP  -  511 words
    • Article
      Palm Oil
      398 8 Crud« palm oil future* closed easier in very quiet trading on the Kuala Lumpur Commodity Exchange yesterday. The market continued to be depressed due to the softer overseas market and technical selling. Spot month April dropped Ms 24 to MsBs7 a tonne, May eased Ms 22 toMsB4l and
      398 words
    • Article
      Lock icon University designs sensitive gold mining machine
      298 8 Bernama THE Universiti Sains Malaysia (USM) branch campus in Ipoh has designed a machine that can extract gold from ore having very little content of the metal. The achievement is expected to revolutionise the Malaysian gold mining industry which is already abuzz with excitement
      Bernama  -  298 words
    • Article
      Oil and Products
      89 8 INTERNATIONAL oil markets yesterday look set for another tumble. Products are Holding up in the short term. Closing prices for crude (FOB origin) USS/borr*l Chang* Tapit (Mori 15.90 undi Minos (Mar) 15.47 undi Dubai (April) 12.70 -0.30 Wttf T««OJ Intermediate, WTI (April)* 16.02 •►0.22 N«_ York dot*
      89 words
    • Article
      Precious Metals
      247 8 HONGKONG: Sold ended higher yesterday. but was below its aeak. Bullion ended at JS$446 80/447.30 an ounce after an afternoon high of U*****.50/448 00 and against its US$445 25/75 New York close. On the local market, gold closed HK$lO higher at HK54.169 a tael against Wednesday's finish. Krugerrand
      247 words
    • Article
      Produce Prices
      223 8 Chinese Produce Exchange S«ll*rs' noon dosing prices on Mordi 17 (SS/100 kg) Coconut oil Bulk FOB 105.00 Old drum FOB 119 00 N*w drum FOB 115.00 Copra Mix*d (loos*) 60 s*ll*rs Pepper Muntok whit* FOB NtW 1105.00 Sarawak whit* FOB foq NtW 1090.00 Sarawak special block FOB NIW
      223 words
    • Article
      Rubber
      323 8 SINGAPORE The rubber market closed quietly steady yesterday with April One RSS buyers quoted at 222.00 cents/kilo, up 0.50 cent from Wednesday's close. After a steadier opening in line with firmer Tokyo advices, prices eased back on lack of interest and some liquidation in quiet morning trading. Dealers said
      323 words
    • Article
      KL Tin
      167 8 THE Kuala Lumpur Tin Market prica yaatarday fall nlna canta from Wadnaaday to and at M 517.41 a kg, raftacting a tachnical corractlon to Wadnaaday'a rtaa. Tha markat lackad strong buying support at tha highar level as sentimant was also affactad by poor ovarsaas laada. Howsvsr, starling's firmnass
      167 words
    • Article
      RAS and MRELB
      229 8 RAS prices In S CMMg, FOB tn bat*t 1 NOON CLOSE Suy*rt S*ll*rs ftuyars S«ll*rs kit 1 RSS Prompt 223.00 224.00N 223.00 224.00N lot 1 RSS Apr 88 221.50 222.00N 222.00 222.50 Int 1 RSS May 88 223.25 223.75 223.50 224.00 lot 2 RSS OP 219.75 221.75N
      229 words
    • Article
      SSR and SMR
      71 8 (canti/kg) APtll 1988 MAY 1988 (currant month) (forward month) RAS NOON NOON 8vr*n S«ll»n SS» 20 220.50 222.50N 220.50 222JON SS* 50 219.00 221.00N 219.00 221.00N MRELB luyf! SAM CV 303.00 305.00N 304.00 306.00N SM« L 303.00 305.00N 304.00 306.00N SMt 5 291_50 293J0N 292.50 294.50N SMt
      71 words
    • Article
      Wheat
      170 8 WHEAT FUTURES in Chicago closed 2% to 1% US cents lower on Wednesday, with May off 2% cents at USs3.oo* a bushel. The market drifted with no fresh news to influence prices. Prices closed on or near session lows. Anticipation of yesterday afternoon's results on Tuesday's CCC wheat auction.
      170 words
    • Article
      Soybean
      159 8 SOYBEAN FUTURES in Chicago closed 214 to 4.0 US cants lower on Wednesday, above session lows, with May off 3% cents at U556.19!4 a bushel. Prices pulled off their lows on light buying late in the session, but trading was lacklustre with little fresh news in the market. Local
      159 words
    • Article
      London markets
      194 8 London Commodity Exchange Buyer/Seller doting prices on Mordi 16 (£/»on no unlets speciftod). Prevlout doting prices in porenthetit. Coffee Basis In-store London, tellers option Of London Mar 1142/1148 0136/1141) High/Low 1145/1137 May 1172/1174 (1164/1167) High/Low 1174/1164 Salet (1808) Cocoa Mar 889/895 (914/916) High/Low 924/889 Moy 914/915 (938/939) High/Low
      194 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      147 8 The Captain's Lady, a 38.0 metre sleek, sophisticated, state-of-the-art' luxury cruiser is FOR SALE. Presently gracing Sydney Harbour, the Captain s Lady is a successful cruising restaurant with excellent potential for further expansion both here or overseas. With all-weather navigation facilities, a luxuriously equipped dining area, cocktail bar, dance floor
      147 words
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  • TECHNOLOGY
    • Article
      Important features of a word processor
      719 9  -  k mmm by JEFFREY TSANG OF ALL THE COMPUTER'S many uses, the most common is undoubtedly word processing. Though the computer is capable of many other things, like database management, spreadsheet calculations and communications, word processing is the root application of personal computers. It
      719 words
    • Article
      Lock icon IBM tests world's fastest silicon circuits
      150 9 Reuter INTERNATIONAL Business Machines Corp has made and tested the world's fastest silicon circuits. IBM said the experimental circuits, which can switch on or off 75 billion times a second, were fashioned from transistors it announced last year that were the smallest ever and
      Reuter  -  150 words
    • Article, Illustration
      HP's low in price, high on quality printer
      673 9  -  'Distinct possibility' of DeskJet being produced here By JEFFREY TSANG HEWLETT PACKARD will launch next Monday a new printer which combines high-quality print with a low price tag. But the printer will also mean dollars to the local electronics industry. Sources say
      673 words
    • TECH-TAKES
      • Article
        HP to exhibit its latest wares
        147 9 HEWLETT PACKARD will be showing off some of its latest breakthroughs in computer technology at its Breakthrough '88 show from Monday. The three-day show, held at the Mandarin Hotel, will feature its new low-cost high-quality printer called the DeskJet, its new super-powerful PC, the
        147 words
      • Article
        Nixdorf organises seminar for banks
        71 9 NIXDORF COMPUTER SINGAPORE will be holding a seminar for offshore and merchant banks to introduce an integrated hardware and software package to meet the needs of international banking. The German computer company has collaborated with UK-based Holland Automation International Ltd to offer the package to
        71 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      427 9 On January 1,1988, a world leader in energy engineering appeared when Asea and BBC Brown Boveri merged to form ASEA BROWN BOVERI. Just six months after the first formal discussion, the two companies have become a united force. We have a combined annual sales of US$2O billion and 180,000 people
      427 words
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  • PERSPECTIVE
    • Article
      Remisiers need more support
      552 10 THE MOVE BY THE Stock Exchange of Singapore to build up a more professional corps of dealers and remisiers is inevitable Singapore is fast becoming a key point on the global financial network, and the local securities industry is rapidly getting more sophisticated and complex. Those
      552 words
    • Article, Illustration
      Asian air cargo spreads its wings
      1488 10  -  It got off to a late start, but Asia's air cargo industry is fast catching up with the US and Europe. Much of it has to do with the economic strength of the Asian-Pacific region. The realisation by the private sector that cooperation works
      1,488 words
    • Article, Illustration
      Pressed down
      1364 11  -  The Sun of Sydney was one of Australia's oldest and best known metropolitan papers, boasting a readership of well over a million. But, early this week, it fell under the axe of cost-cutting measures. Together with its sister publication, Times on Sunday, The Sun had fallen victim to
      1,364 words
    • Article, Illustration
      British conservationists and builders in a tug-o'-war on the greens
      1245 11  -  By JOHN HUNT THE NEWS from Britain's Department of the Environment that the number of households in southeast England is likely to rise by nearly one million by the end of the century has caused a tremor of apprehension among
      1,245 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      421 10 M anagers ust anage BT shows you how every Monday. "SHIP AGENCY Challenges in the 90's" cA Seminar organised bv: Wp THE INSTITUTE OF CHARTERED SHIPBROKERS (SINGAPORE BRANCH) DATE: 15 April 1988 TIME: 8.30 a.m. 5.3()p.m. VENUE: Hyatt Regency, Singapore FEE: SSI7S per person. A discount of Ss2s per person
      421 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      721 10 CRYPTIC PUZZLE ACROSS 4 It's used in bending the elbow (6) 7 The remaining six deliveries are superfluous (4, 4) 8 Speaker who finishes as he starts (6) 10 Weeds cooked as a vegetable! (5) 13 It contains enough water to go round (4) 14 Weaken a sound tyre (4)
      721 words
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  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1247 11 w em wmm 12 7.30 PM Opening and Programme Highlights followed by Italian Football. 8.30 Half The Heavens. This programme It about ihe status of womtn in China today. This week two Chinese wom*n authors are interviewed. They are: Wei Junyi, a journalist and Zhang Jie, who belongs to the
      1,247 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Winds of change at All-England
      602 12 UPI DEFENDING CHAMPION Morten Frost, prevailing against the winds of change, scored two emphatic victories yesterday to reach the last 32 in the U*****,000 All-England Badminton Championships. The 29-year-old British-based Dane, bidding to win the title for the fifth time in seven years, blasted Danish
      UPI  -  602 words
    • Article
      Lock icon Budd pulls out of championships
      258 12 AFP ZOLA BUDD, Britain's South Afri-can-born runner, has bowed to international pressure and withdrawn from next week's World Cross Country Championships in New Zealand. Several African countries including Kenya and Ethiopia, which have dominated the championships for the past nine years had threatened to boycott
      AFP  -  258 words
    • Article, Illustration
      Lock icon Garrison labours while Jaite breezes through
      327 13 Reuter NINTH-SEEDED American Zina Garrison struggled past Canadian Jill Hetherington 6-7 6-4 6-4, while eighth-seeded Argentine Martin Jaite breezed into the third round of the US$2.l million Lipton International Players Championships on Wednesday. Jaite. not normally known for his hard-court game, blitzed serve-and-volleyer Libor
      Reuter  -  327 words
    • Article, Illustration
      Lock icon Tubbs harbours no illusions about bout
      415 13 AP MIKE TYSON was talking about his admiration for sumo wrestlers in Tokyo when someone cracked: "Do they remind you of Tony Tubbs?"' "Tony's not that big,' said Tyson. who will defend the world heavyweight title against Tubbs on Monday in the 55,000-seat Tokyo
      AP  -  415 words
    • Article
      Lock icon Dispute over foreign television rights from Tyson match
      497 13 NYT WHEN MIKE TYSON fought Larry Holmes in January, Bill Cayton, one of the heavyweight champion's managers, said he sold foreign television rights for the bout in 45 to 50 countries. According to Cayton, the net proceeds for those foreign home television
      NYT  -  497 words
    • Article, Illustration
      Lock icon Hearns lashes out at Leonard, Hagler
      299 13 UPI STINGING VERBAL BLOWS aimed at Sugar Ray Leonard and Marvin Hagler overshadowed Thomas Hearns's announcement of a June 6 World Boxing Council middleweight title defence against Iran Barkley. "My major goal is to fight Leonard and Hagler," said Hearns in New York yesterday.
      UPI  -  299 words
    • Article, Illustration
      Developing inner will and energy more effectively
      614 13  -  10 mm? businbss with Mike Cashmore ON MARCH 12 and 13. I was one of the 50 people attending a conference on Taiji Qigong and Wudang Healing Arts organised by Mr TT Ang of the Chinese Nature-Cure Institute, Singapore. The main attraction must
      614 words
    • Article
      Lock icon Botham charged with assault
      111 13 AFP AUSTRALIAN federal police have charged English cricket star lan Botham with assault following an incident on an Ansett Airlines flight to Perth. A police spokesman in Perth said Botham faces two charges of assault under the Crimes Act and a further charge of disorderly conduct
      AFP  -  111 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      242 12 4 COUKVOISIERXO-Where to eat, drink.., (he food paradise of flie Orienfis here fo enfice you. Poolside (level 5) March 4 March 20 Savour more than 30 sumptuous dishes prepared by Hongkong chefs at our buffet lunch dinner. At $15.90 per adult $9.00 per child under 12. All prices subiecl to
      242 words
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      Page 12 Advertisements Column 2
      234 12 £2 Fashion show. J Fashion show! T*" 1 j "19 \ondsalads? j^^"'!y7gy BARBEQUE 'N' FASHION SHOW, a double pleasure, by the POOLSIDE, food served 7pm 10pm showtime 8.15pm. every Friday. Select from: varieties of salad varieties of dressing varieties of vegetables varieties of meat varieties of seafood varieties of desserts
      234 words
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      Page 12 Advertisements Column 3
      186 12 nuimees THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price' For starters take your pick o» our coid dishes prawns on ice fresh oysters smoked salmon melon and dried ham vegetable temne mined seafood salad cooked assorted vegetables and homemade dressings Select your
      186 words
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      Page 12 Advertisements Column 4
      190 12 South East Asia Buffet! f time «i lash /e\lr,i\.i# in/ ;i. Savour thf rxolie fl.nonis ol Malaysia. Thailand. Philippines. Brunei. Indonesia. Singapore. Burma and Vietnam. I-or hiiK hor dinner. th< menu is delk iousl> dillerent e\er> <l;i\ \dulLs: $13 ."">()+ Children: S9.(H»+ IKK LOCAL FOO V At the VSqf* fS+T&rund
      190 words
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      Page 12 Advertisements Column 5
      247 12 t (f Viking moamnl A buffet to satisfy even the most ravenous Viking warriors! The smorgasbord spread tempts with Matjis herring, smoked salmon, liver pate, gravlax, Pitt I Panna and other exotic sounding delicacies. Plus 20 desserts to follow! Over 60 Scandinavian delights to sample Adult $31* Child $15* Akvavit
      247 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      347 13 and entertain 4 S3 ft übertufi (^nU n j*r »*J?-V Tender Roast Baby Lamb. At 5522.50. Our special dinner promotion this month is Roast Baby Lamb. Carefully prepared to preserve all the tenderness and carved right at your table, accompanied with panfned lyonnaise Potatoes and a selection of Spring Vegetables
      347 words
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      Page 13 Advertisements Column 2
      156 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN OX'RSES. m For between $26++ and $40+ you can select from our appetiser UKILL bullet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish with mouthwatering
      156 words
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      Page 13 Advertisements Column 3
      83 13 iSi/S PENTHOUSE (HOLLAND BO) J |21 1 Holland Avenue *04-01, Holland Shopping Centre S pore 1027 Tel *****06 *****52 A gesture of goodwill this festive season. FREE Suckling Pig for every table of Suckling Pig Set Menu ordered. Till 17/3/88 only. m« uktman) LOCAL SUCKLING PIG SET MENU $288 Dragon
      83 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1628 14 SINGAPORE: Sterling closed higher on speculative buying mainly from the Middle East and Europe yesterday while the US dollar closed lower on position adjustment in narrow range trading. "Underlying bullish near-term sentiment would prevent the dollar from falling below 127.30 yen ahead of the results of the US
      1,628 words
    • Article
      Asian $
      205 14 Asian ASIANS DOLLAR deposit rates fiosed little changed from ®>ening levels after quiet Wading yesterday. m m US* m. OFFER 810 7 do yi 5 6 3/4 6 5/8 1 months 6 7/8 6 3/4 2 month»» 6 7/8 6 3/4 3 6 moMtf 6 7/8 7 1/8 6 3/4
      205 words
    • Article
      Government securities market
      85 14 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ881 ION 16.6.88 2.97 2.92 2.96 2.93 6 months BY*****S 30.6.88 2.97 2.92 3.00 2.93 1 year BY*****T 24.11.88 3.10 3.05 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's
      85 words
    • Article
      Money markets
      59 14 THE OVERNIGHT rate on the Singapore interbank market fell by 1/4 point to end at 3-1/4 per cent yesterday. Term rates remained unchanged across the board SS Interbank rates at 12 noon yester day: OF FES »IO Ovtfnight 3 1/4 1/6 1-month 3 1 3 2-month 3 1/6
      59 words
    • Article, Illustration
      World Interest rates
      180 14 IndicatM th« ■vtragt of lh( prim* londlnQ ritn of 12 banks In S'pora Interbank market rates (offer/bid) on March 17 us$ DM SWfC Y«o 7 day* 0 u 1 o 3/4 5/8 3 7/16 5/16 1 5/« if 4 1/16 3 15/16 1 ml* 6 7/8 3/4
      180 words
    • Article
      Simex
      453 14 JUNE Eurodollar opened 9 ticks lower at 92.75 on Simex yesterday as the market reacted bearishly on the stronger-than-expected US economic data, and because of position squaring ahead of the January trade balance figure last night. The technical tone was also bearish as the June US T-bonds broke the
      453 words
    • Article
      IMM
      243 14 IMM foreign currency futures eroded in late trade on Wednesday, with most contracts posting moderate daily losses Wednesday s US industrial production and housing starts reports, although slightly higher than market estimates, had minimal impact as traders focused on last night's US trade balance report. Locals continued to dominate
      243 words
    • Article
      Comex gold/silver futures
      193 14 Gold futures on March 16 100 troy ounces. USS per troy ounce Opon M*. Low Sonto Mor 446 00 446 00 ***** 445 30 -1.00 Apr 44*50 449 20 446 30 446.50 -1.00 Moy 448 60 •1.00 Jun ***** 453.50 450.60 450 90 -1.00 Aug 458.00 458.00
      193 words
    • Article
      Lock icon Options trading in Tokyo picks up
      286 14 Reuter CURRENCY OPTIONS trading in Tokyo is set to at least double in 1988/69 as Japanese banks, life insurance firms and exporters prepare to enter the fray, according to currency analysts and dealers in Tokyo yesterday Life insurers are currently negotiating with the Japanese
      Reuter  -  286 words
    • Article
      Options
      1592 14 CURRENCY FUTURES OPTIONS Thuodoy, March 17, 1988 DEUTSCHEMARK (SIMEX) Apr M caMs Apr M puts Htph Low Sou Htfh LN M 54 CA» 55 CA» 56 CAI C» •> 58 5? 60 *1 *3 63 64 65 66 67 6a 78 36 237A 149A 78 36 I7A 7A May
      1,592 words
  • Page 14 Advertisements
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  • BANKING AND FINANCE
    • Article
      Nomura Securities raising US$1,18b
      334 15 NOMURA Securities Co, Japan's largest securities house, is raising US$l.lB billion ($2.37 billion) in various financial centres, including a US$2OO million equitylinked bond issue in the Asian and Eurocurrency markets. The five-year US$2OO million Nomura bonds, with warrants attached, were launched on March 15. At the
      334 words
    • Article
      Lock icon US committed to Inter-American Development Bank
      275 15 Reuter US ASSISTANT Treasury Secretary for International Affairs David Mulford said on Wednesday the US remains committed to the Inter-American Development Bank (IADB) but believes increased reforms are necessary. In testimony before a House banking subcommittee, Mr Mulford said he did not want to
      Reuter  -  275 words
    • Article
      Australian interest rates spiralling downwards
      1114 15  -  From FLORENCE CHONG INTEREST RATES are continuing to plummet in Australia as financial institutions remain awash with cash in the wake of the collapse of the Australian stock market last October. Interest rates paid on overnight cash have fallen to as low as 10.9 per
      1,114 words
    • Article
      Lock icon FDIC risks assets drain of US$4 billion
      606 15 NYT THE BANKING PROBLEMS in the depressed south-west of the US have become so acute, banking experts say, that they could create the largest one-year drain in history on the government agency that insures deposits at the nation's banks. Some officials of the
      NYT  -  606 words
    • Article
      Lock icon New name for Chemical New York Corp
      104 15 Reuter CHEMICAL New York Corp is seeking to change its name to Chemical Banking Corp at the April 26 shareholders meeting, a bank spokesman said on Wednesday. "We want to change the name to reflect our geographic diversification following our merger with Texas
      Reuter  -  104 words
    • Article
      Lock icon Japanese firms allowed overseas options trading
      142 15 AFP THE Japanese Finance Ministry will allow 332 Japanese firms to engage in overseas options trading in currencies and securities starting next Tuesday, ministry officials said in Tokyo on Wednesday. The companies include foreign exchange banks, securities houses, life and nonlife insurance firms and
      AFP  -  142 words
    • Article
      Lock icon Schroders Asia net profits up 32pc
      68 15 AFP MERCHANT bank Schroders Asia Ltd said in Hongkong on Wednesday that its net profit climbed 32 per cent to HKJ46.5 million (US$6 million) in the year ending Dec 31. Banking and corporate finance divisions did well while funds in its investment division rose
      AFP  -  68 words
    • Article
      Business as usual for two Texan bank branches
      488 15  -  Officials give assurance By LEONG WEN WAH IT'S BUSINESS as usual for the offshore branches of two problem banks in Texas currently seeking a bailout from the US Federal Deposit Insurance Corporation (FDIC). Officials at the Singapore branches of First Republicbank Dallas
      488 words
    • Article
      Lock icon Mitsui and Security Pacific to cooperate
      159 15 Reuter MITSUI BANK LTD and Security Pacific Corp have agreed to establish a reciprocal business relationship to provide consumer banking services to clients of both banks, Mitsui and Security Pacific officials said on Wednesday in Tokyo. They said that under the agreement. Mitsui Bank
      Reuter  -  159 words
    • Article
      Lock icon Rise in Japan's foreign reserves
      103 15 Reuter FINANCE MINISTER Kiichi Miyazawa said yesterday Japan's foreign reserves rose U5539.2 billion in 1987, but declined to say what part of the increase was due to central bank dollar buying intervention, the Jiji Press reported. It also quoted Mr Miyazawa as telling parliament that
      Reuter  -  103 words
    • Article
      Lock icon First Republicbank Corp bailout being worked out
      665 15 NYT OFFICERS of the US Federal Deposit Insurance Corp met executives of the First Republicbank Corp on Wednesday to prepare a temporary bailout designed to stanch a growing run on the bank company's deposits, officials close to the talks said. Terms of the
      NYT  -  665 words
    • Article
      Barings reorganises operations
      179 15 BARING BROTHERS Co Ltd (Barings), a merchant bank in the London, has reorganised its operational structure in Singapore and Hongkong. Barings' Singapore operations, currently conducted under its wholly-owned subsidiary, Baring Brothers Asia Ltd, will be run as a branch of Barings. effective April 1. The Barings branch
      179 words
    • Article
      Lock icon Taiwanese forex reserves show signs of falling
      403 15 Reuter TAIWAN'S foreign exchange reserves are showing signs of declining because of increased imports Taiwanese central bank governor Chang Chi-Cheng told a group of legislators on Wednesday the reserves now stood at US$75B billion. a fall of about US$9OO million compared with U557.67
      Reuter  -  403 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      94 15 SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY TREASURY BILLS TO THE PUBLIC, 18 MARCH 1968 Tenor Amount offered Issue code Settlement/issue date Maturity date Closing date of application Method of sale Applications 364 days Ss2so million BYBBIOOZ 24 March 1988 23 March 1989 By 1200 hours on Monday, 21 March 1988
      94 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Share prices make steady gains in active trading
      4469 16 BULLISH SENTIMENT in the local bourse sent the Straits Times Index soaring to another post-Crash high yesterday Trading was active throughout the day. halted only by a power failure in the late morning which lasted for 10 minutes Share prices rose steadily
      4,469 words
    • Article
      Business done on the SES
      3653 16 BID and otter prices officially listed and huslnw In and reported to the Stock Exchange of Singapore yesterday with the number at rtiares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts <ue quoted after the word "SETT
      3,653 words
    • Article
      COMPANY MEETINGS
      76 16 AVIMO SINGAPORE Limited: 14th AGM at Leo Room,. marina Mandarin, 6 Raffles Boulevard. Marina Square. Singapore 0103 today at noon. THE WILKINSON PROCESS RUBBER Company Berhad: 56th AGM at No 70, Jalan Ampang. Kuala Lumpur on March 22 at 2 30pm. GENERAL SECURITIES IN-;' VESTMENTS Limited: 13th AGM
      76 words
    • Article
      Unit trusts
      294 16 Managers' prices JapO" Gr fund Sherton Thrift fund 1 54 082 1 59 082 for March 18 Singapore Unit Trust UOB Management The Coiimwc* 094 1 00 Unitund 085 0 85 The Sovngs Fund 081 087Unibond 0 995 1 02 S pore Prog Fund S po r Sec
      294 words
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  • COMPANY NEWS
    • Article
      Great Eastern Life's surplus increases by 16pc
      469 17  -  By ROSIE TAN THE GREAT Eastern Life Assurance Co Ltd has posted a profit increase for the year ended December 1987, which saw a resurgence in life insurance business. Last year, life insurance premiums in Singapore rose by 54 per cent, thanks largely
      469 words
    • Article
      Lock icon Malaysia Mining Corp regains its lustre as tin industry recovers
      914 17 CMS? itm MBT THE gradual and steady recovery of the tin industry has created a favourable chain reaction within the Malaysia Mining Corp group as an integrated tin mining concern. After two straight years of sharply reduced profitability, MMC has
      MBT  -  914 words
    • Article
      Lock icon No decision on the proposed increase of stake in Sime, KL exchange told
      209 17 MBT MALAYSIAN Mining Corporation (MMC) has clarified that no decision has been made regarding a proposed increase in its stake in Sime Darby. Replying to a Kuala Lumpur Stock Exchange (KLSE) query, the company reiterated that MMC
      MBT  -  209 words
    • Article, Illustration
      Lock icon NSTP's proposed purchase of KL Merlin Complex called off
      420 17 Bernama ES THE New Straits Times Press (Malaysia) Bhd's proposed purchase of the Kuala Lumpur Merlin Complex from Faber Merlin Malaysia Bhd (FMMB) has been called off. In a statement to the Kuala Lumpur Stock Exchange yesterday, the NSTP said both
      Bernama ES  -  420 words
    • Article, Illustration
      Two companies seek trustee stock status
      647 17  -  DBS Land, Lum Chang to pay dividends for fifth straight year By CORRINA LIM TWO MORE COMPANIES may join the ranks of the 83 trustee stocks listed on the stock exchange when they pay shareholders their fifth straight dividends this year. Property company DBS
      647 words
    • Article
      Lock icon M'sia-Denmark plantation joint venture formed to develop Perak land
      284 17 Bernama ES THE PERAK State Agricultural Development Corporation (PSADC) and Denmark-based United International Enterprises Ltd (UIE) have teamed up for a plantation joint venture. The joint venture company, UIE (Malaysia) Sdn Bhd, will reactivate the 10,386.43 hectares of leasehold land in
      Bernama ES  -  284 words
    • Article
      NZ's Lion Corp keeping mum about court action
      438 17  -  From SELWYN PARKER NEW ZEALAND brewer Lion Corporation has refused to respond to Malayan Breweries' latest attempt to block the group's merger with retailer L 0 Nathan. Lion's directors have said they will wait until they see a writ from the company's
      438 words
    • Article
      Lock icon Hong Leong Ind turns in higher profit
      284 17 MBT HONG LEONG Industries Bhd recorded a 24 per cent increase in group pre-tax profits to M4s 11.42 million on a turnover of Msl2B million for the interim period ended Dec 31, 1987 Profit from the company and its subsidiaries amounted to M
      MBT  -  284 words
    • COMPANY BRIEFS
      • Article
        OUS's group NTA at $2.33
        29 17 OVERSEAS Union Securities Ltd has announced that the group s unaudited net tangible asset backing per $1 share as of Feb 29 was $2.33.
        29 words
      • Article
        Amcol gives details of venture
        72 17 AMCOL Electrical Industries has provided additional information for its joint-venture company with Funai Electric Company Ltd of Japan. The new subsidiary, Funai Electric (Singapore) Pte Ltd. will have a paid-up capital of $5 million, of which Amcol will hold a 45 per cent interest. The
        72 words
    • Article
      Sistem Televisyen issue draws M$530m
      278 17 SISTEM Televisyen Malaysia, Bhd's (STMB) public issue haS" attracted more than half a billion. rmggit in application money. The public issue closed on Tuesday I)rr Sources said that the open portion of 4.413 million shares ofc*f Msl each at a price of Ms 2 per
      278 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      432 17 203H Ponggol Seventeenth Avenue Serene, quiet living. Ideol for pleasure/residence Lond oreo: 6,846 sq.ft. Further queries, please contact EMe *****73 .The Great Eastern Life Assurance Company Limited (Incorporated m Singapore! AUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1987 The Directors are pleased to announce that the audited surplus
      432 words
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  • REGIONAL MARKETS
    • Article
      Lock icon IEL, Kerry Packer propose A$1.50 for Bell Resources
      261 18 Reuter INDUSTRIAL Equity Ltd and Kerry Packer's Consolidated Press Holdings Ltd propose to offer A 51.50 each for all the issued ordinary shares of Bell Resources Ltd, lEL chairman Ron Brierley said. They will make the offer through a jointly-owned company Tornbridge
      Reuter  -  261 words
    • Article
      Lock icon Fairfax faces strike, legal snag on sale of assets
      176 18 AFP BMBATTLED Australian newspa£*r publisher John Fairfax Ltd faced trouble on two new fronts <$\ Wednesday as 500 journalists went on strike and a major asset file hit a legal snag. The Trade Practices Commission said it would urgently investigate the
      AFP  -  176 words
    • Article
      Lock icon 'No need to cut stake in HK-TVB'
      143 18 Reuter PUBLIC-LISTED Bond Corp International Ltd. a unit ot Bond Corp Moldings Ltd, said on Wednesday the proposed television broadcasting franchise rules do not necessarily oblige it to trim its stake in HK-TVB Ltd. The Hongkong government published new franchise requirements that restrict
      Reuter  -  143 words
    • Article
      Kuala Lumpur in buoyant mood
      3502 18 SHARE PRICES surged ahead on buying support to closa widely firmer on the Kuala Lumpur stock market yesterday. Double-digit gains were posted by blue chips and quality stocks. t Trading pace picked up considerably as more traders surfaced. Dabblers were probably encouraged by the run-up
      3,502 words
    • Article
      Shares sharply up
      1459 18 Hongkong STOCKS on the Hongkong market closed sharply higher yesterday on strong local demand which focused on the property and the industrial sectors. The Hang Seng Index gained 26.29 points on the day at 2,581.33, and the broader-based Hong Kong Index was up 17.25 to 1,691.89. Turnover
      1,459 words
    • Article
      Seoul
      132 18 MAM 17 WON Chati Sugar ***** unch Daatim Ind 2*900 •1000 P—— Corp ***** uncti Daowoo Haavy ***** unch Daiahm Sacuritiaa ***** 3100 Dong Ah Phar ***** 100 Dong Suh Slock ***** 1200 Dongtou Stool Goto Star ***** ***** ■400 500 Hani I Bank ***** 200 Hand Comont *****
      132 words
    • Article
      Lock icon Tokyo
      523 18 Reuter PRICES on the Tokyo market closed stronger yesterday and on a post-crash high on buying of financial and electrical shares, despite an increase to 60 per cent from SO per cent in margin requirements from yesterday. "In the past, changes (in requirements) at these levels have had little
      Reuter  -  523 words
    • Article
      Sydney
      410 18 A SCRAMBLE for stocks in all sectors by local institutions saw the Australian share market finish sharply higher yesterday. By the cloee, the All Ordinaries had climbed a solid 24.9 points to 1,382.3, its highest level since October 28 when it was 1,389.3. Brokers said the strong performance was
      410 words
    • Article
      Lock icon Bangkok
      157 18 Reuter THE SECURITIES Exchange of Thailand Index rose 2.36 to 387.38 yesterday on a turnover of 8,972,050 shares worth 858.86 million baht. MM 17 MOT Ao Kham Thai 199 +4 Ayudhya Investment Bangkok Agro-inO 142 *7 Bangkok Bank 333 unch Bank Of Ayudhya 354 Charoong Thai Wflra 4 Cabta
      Reuter  -  157 words
    • Article
      Taipei
      291 18 MAN 17 All Slncara Indus Asia Camant Cathay Con* Chang Hwa Bank Chang Loong Chia Hain Camant Chin Hatn Flour China Cham China Dav China Elact Wira China Oulf Plaa China Rabar China Staai NT 3 09 73 50 7950 306 00 57 00 SO 00 20 ao 34.20
      291 words
    • Article
      Lock icon Guinness picks Tokyo
      78 18 AFP BRITISH brewing giant Guinness PLC has decided to base the regional headquarters of its United Distillers Group in Tokyo and set up two distribution companies in Japan. One of the distribution companies would be a joint venture with Hongkong trading group Jardine Matheson and French alcoholic
      AFP  -  78 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      434 18 rgj^ IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACAS ENGINEERING (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. SO, that a Final General. Meeting of the Members
      434 words
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      Page 18 Advertisements Column 2
      374 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290 (1) (b) BES ENGINEERING G CONSTRUCTION (PTE) LTD At an Extraordinary General Meeting of the Company held on 16th March 1988 at 2.30 p.m. at 151 Chin Swee Road *03-05/06. Manhattan House. Singapore 0316 the following resolutions
      374 words
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      Page 18 Advertisements Column 3
      161 18 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Winsome Shipping Pte Ltd, 200 Cantonment Road. #08-01 Southpoint, Singapore 0208. hereby give notice that in consequence of our intended purchase of the vessel M.V. "ALAIA", we have applied to the Registrar of Singapore Ships, under section 386 of the Merchant
      161 words
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  • WORLD MARKETS
    • Article
      Untitled
      1257 19 Selected indices HONGKONG Hongkong Index Thursday 1.691 89 Wednesday 1.674 64 Week ago 1.***** Hang Seng Index Thursday 2.561 33 Wednesday 2.555 04 Week ogo 2.591 34 All Industrials Thursday ***** Wednesday 2.198 3 Week ago 2.2039 NEW YORK Dow Jones Wednesday 2.064 32 Tuesday 2.047 41 Week ago 2.074
      1,257 words
    • Article
      Lock icon Sharp rebound in late trading
      988 19 New York Reuter WALL STREET made a sharp reversal late in the day and closed with a strong gain on Wednesday. Traders said program-related buying and short covering lifted stocks as investors temporarily shrugged off their worries about tensions in Latin America and Thursday s
      Reuter  -  988 words
    • Article
      Lock icon Base rate cut boosts equities
      1020 19 London Reuter SHARES ON THE London market rallied off the day's lows yesterday following news of a surprise half-point cut in UK base rates to 8-1/2 per cent after sterling earlier rose above 3.10 marks. Dealers said the market was puzzled by the timing of
      Reuter  -  1,020 words
    • Article
      Lock icon American Airlines sues BA
      92 19 Reuter AMR CORP's American Airlines filed a court suit in London against British Airways PLC. accusing the carrier of abusing its dominant position in the computer reservation systems market used by British travel agents The Press Association National News Agency said the action, based on alleged
      Reuter  -  92 words
    • Article, Illustration
      Lock icon Britain has 9 million shareholders
      280 19 Increase in numbers a result of privatisation Reuter THE NUMBER of shareowners in Britain rose about 500.000 to almost nine million over the year to January 1988, mainly through the government's private selloff of state industries, a survey reported on Wednesday. The survey, conducted for
      Reuter  -  280 words
    • Article
      Lock icon KIO in bid to control sugar producer
      300 19 FT THE INTERNATIONAL investment arm of the Kuwaiti government, the Kuwait Investment Office (KIO), pressed forward its remarkable drive into Spanish financial and industrial institutions on Wednesday with a bid for control of Edbro, the second-big-gest sugar producer in Spain. Terms of the
      FT  -  300 words
    • Article
      Lock icon Western Auto Supply acquired by Sears
      391 19 NYT IN ANOTHER big step into specialty retailing. Sears. Roebuck Co said on Wednesday that it had agreed to buy the Western Auto Supply Co. a retailer and wholesaler based in Kansas City, in a deal that values the company at US$4O2 million. Sears,
      NYT  -  391 words
    • Article
      Lock icon Campeau sweetens bid for Federated
      278 19 NYT TORONTO DEVELOPER Campeau Corp turned up the pressure on Federated Department Stores Inc on Wednesday by stating that it was ready to pay US$6B a share in a one-tier offer for all of Federated's stock. The move would be a shift from its most
      NYT  -  278 words
    • Article
      Lock icon Black & Decker raises bid
      128 19 Black Decker raises bid NYT THE BLACK DECKER Corp has raised its takeover bid (or American Standard Inc to an estimated US$77 a share, or nearly US$2.5 billion in cash, sources close to the deal said. Black Decker's previous bid was US$73 a share, for a total of U552.35 billion.
      NYT  -  128 words
    • Article
      Lock icon UB buys Ross Young's
      153 19 FT UNITED BISCUITS, the UK food and restaurant group, agreed on Wednesday to pay Hanson C 335 million for Ross Young s, the frozen and chilled foods company which the industrial conglomerate acquired as part of imperial group UB said the acquisition would give it nearly
      FT  -  153 words
    • Article
      Lock icon Volvo tightens hold on Skanska
      98 19 FT VOLVO, the Swedish motor, er*, ergy and foods group, said it has' paid about Skr 1 billioo (U*****.9 million) for shares in two small investment companies which indirectly give Volvo a. tighter hold on Skanska, the Swedish construction and re*f« estate group. Volvo bought
      FT  -  98 words
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      361 19 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF KARMA INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2)(b) At an Extraordinary General Meeting of the company held at 9 Penang Road #10-07, Supreme House, Singapore 0923 on
      361 words
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      Page 19 Advertisements Column 2
      402 19 FORM S3 NOTICE OF MEETING?(GENERAL FORM) KIM SAN ENGINEERS PTE LTD IN LIQUIDATION Take notice that a meeting of creditors In the above matter will be held at the offices of Touche Ross-,& Co, 1 Raffles Place 40th Storey, OUB Centre, Singapore 0104 on the 4 day 6f April.l9BB, at
      402 words
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  • Article, Illustration
    Lock icon PM urges businessmen to explore Pakistani markets
    587 20  -  By RICHARD SEAH IT SEEMED as if the whole city turned out to welcome Prime Minister and Mrs Lee Kuan Yew when they arrived at the Pakistani capital of Islamabad yesterday evening. The ceremonial part of the welcome included a 19-gun salute, a
    Picture by Francis Ong  -  587 words
  • Article
    What Singapore manufacturers can sell to India
    202 20 SELLING CONSUMER GOODS to India would not be easy. Prime Minister Lee Kuan Yew said at the end of his three-day visit yesterday. The Indians would like to make consumer goods themselves. What Singapore can sell are goods which are inputs into their
    202 words
  • Article
    Lock icon Mahathir sees need to curb judiciary's powers
    192 20 UPI MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad says constitutional amendments to curb the independence of the judiciary are necessary because the courts have been encroaching into areas that should be the prerogative of the executive and legislative arms of the government.
    UPI  -  192 words
  • Article
    Lock icon China may introduce futures markets to solve farm crisis
    242 20 Reuter CHINA is considering following the capitalist West by creating futures markets to help solve its farm crisis and stop wild swings in the price of farm goods. The Beijing Financial Times said this week that a three-year study by senior
    Reuter  -  242 words
  • Article
    Lock icon Suharto urged to choose professionals
    281 20 UPI PRESIDENT SUHARTO has been urged not to pack "yes men" in the Cabinet but opt for ministers who will lead a national campaign against graft and corruption. "There were those who knew the true feelings of the people but were afraid to tell the
    UPI  -  281 words
  • Article
    Lock icon Leading British banks cut their base lending rate
    307 20 Agencies MAJOR UK BANKS cut their base lending rate yesterday by half-a-percent-age-point to 8.5 per cent. The move quickly followed a signal from the Bank of England which cut its dealing rate from 9.0 per cent to 8.5 per cent. National Westminster
    Agencies  -  307 words
  • Article
    Lock icon Slight increase in US January trade deficit
    324 20 Reuter THE US TRADE deficit widened slightly in January to U5512.44 billion from US$l2.2 billion in December, the Commerce Department announced in Washington yesterday. Economists had expected a shortfall of US$l3 billion to US$l4 billion. Despite the modest rise, which followed declines in
    Reuter  -  324 words
  • Article
    Credit POSB housing rates now the lowest in town
    534 20  -  By ALVIN TAY Banking Correspondent CREDIT POSB has fired the latest salvo in the battle for a bigger share of the home financing business by announcing the lowest lending rates in town the second cut in less than two months But,
    534 words
  • Article, Illustration
    Painting a portrait of a nation
    145 20 SEEING IS BELIEVING, and belief is as large as life in Min Lei Qi's portraits. In the 17 years this young artist has moved brush across canvas, she has done about 1,000 portraits. Executive Lifestyle tomorrow takes a peek at 50 life-sized paintings of
    145 words
  • Article
    Lock icon Comex gold and silver
    104 20 Reuter COMEX GOLD FUTURES recovered on short covering early yesterday after the dollar was unable to add to the initial gains spurred by news of a marginal widening of the US trade deficit in January. April gold rose US$O 50 at U*****.00 an ounce from U*****.50,
    Reuter  -  104 words
  • LATE FILE
    • Article
      Lock icon Submarine cable deal
      45 20 AFP CABLE and Wireless (HK) Ltd said yesterday it had signed an agreement with 22 companies to build and maintain a submarine cable linking Taiwan, the Philippines and Guam for US$l77 million. The 3,580 km system will be completed in August 1969
      AFP  -  45 words
    • Article
      Lock icon Sharpeville Six get reprieve
      40 20 AP A SOUTH African Supreme Court judge yesterday granted a four-week stay of execution for the "Sharpeville Six", a group of blacks whose scheduled hanging today prompted one of the largest international clemency campaigns ever. AP
      AP  -  40 words
    • Article
      Lock icon Top Manila official dies
      56 20 Bernama ES THE chairman of the Philippine agency given the task of selling bankrupt government firms to the private sector, David Sycip, died of a heart attack at his Manila home yesterday. Mr Sycip, 70. waa appointed last year by President Corazon Aquino to head the
      Bernama ES  -  56 words
    • Article
      Lock icon No agreement at border talks
      39 20 AP THAI and Laotian negotiators failed yesterday to reach agreement on resolving a border conflict that had claimed hundreds ot lives before a recent cease-fire. The talks are to continue today in Vientiane.— AP
      AP  -  39 words
    • Article
      Lock icon India proposes talks with China
      45 20 AFP INDIA has proposed an offi-cial-level meeting with China for talks on a settlement of their border dispute, the government told parliament yesterday. The Minister of State for External Affairs did not say if China had accepted the proposal. AFP
      AFP  -  45 words
    • Article
      Lock icon Soviets launch Indian satellite
      32 20 UPI THE Soviet Union entered the commercial apace race yesterday with its first ever paid launch of a foreign satellite a one-ton weather monitor for the Indian government.
      UPI  -  32 words
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      Lock icon Soviet minister to visit Manila
      38 20 AFP SOVIET Deputy Foreign Minister Igor Rogachev will visit the Philippines capital from March 22-26 for talks with President Corazon Aquino and other top officials, the Soviet Embassy said in Manila yesterday. AFP
      AFP  -  38 words
    • Article
      Lock icon Historic Berne talks end
      26 20 UPI US DEFENCE Secretary Frank Carlucci and Soviet Defence Minister Dmitriy Yazov wrapped up an historic three-day meeting in Berne yesterday. UPI
      UPI  -  26 words
    • Article
      Lock icon Fiji says 'no' to air fare rise
      49 20 Reuter FIJI, struggling to recover from the economic effects of two military coups last year, has rejected airline requests for higher air fares, said David Pickering, Minister for Air and Tourism. The airlines had asked for an 8 per cent rise.— Reuter
      Reuter  -  49 words
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      87 20 sick and tired of looking for the right apartment? Why not drop in to our Open House, have a cool drink, enjoy the views and pleasant surrounds, see our "country club" facilities, appreciate the Orchard Rd location and take comfort in tip top 24 hr security at ARDMORE "gtse^MßK D*v«ioprt
      87 words
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      Page 20 Advertisements Column 2
      157 20 <t=>,c= N —a—————— Jointly organised by CHARMING GARDEN RESTAURANT GOLD OX STATE GUESTHOUSE (Sichuan, China) SICHUAN From now on to March 26th Genuine Sichuan Flavours, direct from the homeland! Brought to you direct from Sichuan, China, the "Distinctive Tastes of Sichuan," every dish, a rare distinction in flavour and style.
      157 words
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  • SHIPPING TIMES
    • Article
      Zim to deploy bigger ships in FE service next month
      407 21  -  By LINDA CHEE ZIM ISRAEL Navigation Co is introducing larger ships in its Israel-Far East service next month, with direct calls to be made at ports in Japan, Taiwan and South Korea. From early April the new dedicated liner service
      407 words
    • Article
      Lock icon Dry bulk owners likely to enjoy better rates
      238 21 Reuter DRY BULK CARGO shipowners are not expected to see a decline in freight rates in the coming year and levels may even rise over 1987, Clarkson Research Studies Ltd said. In a half-yearly market review, it said the bulk carrier market
      Reuter  -  238 words
    • PORTSIDES
      • Article
        Cho Yang launches NZ service
        59 21 CHO YANG SHIPPING, which already operates services between Korea and Australia, has just launched a new cargo service from Korea to New Zealand. As a conference member, Cho Yang charters space on the ships of other conference lines at present, as the volume of cargo
        59 words
      • Article
        Chinese threat
        70 21 KOREAN manufacturers which have emerged as the leading suppliers of containers are worried about the amazing growth of the Chinese rivals. Last year China came sixth in the pecking order and Korean industrial experts believe that it is only a matter of years before China becomes the world
        70 words
      • Article
        Lock icon Japan receives more orders
        144 21 Reuter NEW SHIPBUILDING orders received by Japanese yards in February rose to seven ships totalling 203,899 gross registered tonnes (grt), from six ships totalling 101,300 grt in January, officials of the Japan Ship Exporters' Association announced. But the yen s strength is putting pressure on Japanese
        Reuter  -  144 words
      • Article
        Lock icon Green Bay drydocked
        133 21 UPI WORKERS rushed to complete repairs on a new Japanese-built vessel that was forced to return to port last week with the first shipment of US-built Hondas destined for Japan. The US-flagged auto carrier Green Bay turned around three days out of Portland last week due to
        UPI  -  133 words
    • Article
      CONSORTIA
      163 22 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      163 words
    • Article
      Lock icon Policeman killed by striking workers at Hyundai Engine
      124 22 AP A POLICEMAN hired by South Korea's largest ship engine maker was killed on Wednesday when he was hit by bits of iron thrown by striking workers, police said. Oh In-Shik, 29. died of head injuries suffered in the attack at Hyundai
      AP  -  124 words
    • Article
      Lock icon US trucking companies set for a rebound this year
      665 22 Reuter TRUCKING companies are poised for a rebound after a depressed performance in 1987 and analysts say some truckers are receiving an unusual amount of attention as potential takeover targets The latest rumoured candidate was the stock of Cherryville. NC-based Carolina
      Reuter  -  665 words
    • Article
      Lock icon Mitsui tells union of restructuring plans
      159 22 Reuter MITSUI Engineering and Shipbuilding Co has told its employees union it plans to restructure its workforce to combat recession and the high yen. a Mitsui spokesman said. He said Mitsui plans to cut the workforce to 6,100 by end-September from 6,850 now by
      Reuter  -  159 words
    • Article
      INDEX TO ADVERTISERS
      958 22 A6 Shpg V 5 ABC Container VM 1 Accofd SHpg VI 3 Ahi«M*«l liner XI 3 Africa Oceon XN 2 All* rots VII 3 AC To*p»«r XI 5 Amer<con Tp« XN 4/5 AdrO Serv<e IV 2/3 Arrow lines IX 5 A Si 3" Oceo« XI 4 Atlos
      958 words
    • Article
      Carrington Slipways to build Australia's first icebreaker
      595 22  -  From KINGSLEY WOOD NEWCASTLE shipbuilder Carrington Slipways is gearing up for the building of ARV 207 Australia's new Antarctic supply ship and its first icebreaker. Preliminary work is in hand and keel laying will begin in July as soon as a design team
      595 words
    • Article
      Lock icon New destroyer delivered with modified funnel
      98 22 AFP A NEW Japanese destroyer has been delivered with a modified rear funnel which was found to be defective during a trial run last year, Japanese Defence Agency officials said. The modification was made to the Asagiri, the first of eight 3,500-ton class helicopter-carrying
      AFP  -  98 words
    • Article
      Lock icon Sweden plans major tax cuts for seamen
      317 23 Lloyd's List THE SWEDISH government is to grant major tax concessions for seafarers but has rejected calls for a second register. In its proposals, the government has turned down the Swedish Shipowners Association s request for a separate international register modelled on that
      Lloyd's List  -  317 words
    • Article
      Lock icon Philippine operators form group to develop maritime industry
      282 23 CargoNews Asia MANAGERS, charterers and operators of Philippine-regis-tered vessels engaged in overseas trade have banded together to form the International Maritime Association of the Philippines (Intermap). Representing 32 companies operating more than 100 Philip-pine-registered ships, the newly organised group seeks "to assist
      CargoNews Asia  -  282 words
    • Article
      Evergreen, Costa in slot charter deal
      131 23 EVERGREEN is to enter into a slot charter agreement with Genoa-based Costa Container Lines for the Mediterranean-US east coast service. Under the proposed accord, the two lines will offer weekly sailings with five ships of which four belong to Evergreen. A pact of this
      131 words
    • Article
      Lock icon American cruise liner stranded in Mexico Gulf due to fire in engine room
      278 23 Reuter A FIRE aboard a US cruise liner carrying nearly 450 Americans and 270 crew in the Gulf of Mexico disabled the ship early on Wednesday but caused no injuries, US and Mexican shipping officials said. They
      Reuter  -  278 words
    • Article
      Lock icon Rise in idle tanker, combo tonnages
      208 23 Reuter OIL TANKER tonnage and combination carriers in lay-up, idle or under repair, including vessels inactive at port for two months or more, rose to 11.41 million tonnes dw (71 ships) in the month to March 15 from 11.16 million (66) at Feb 15.
      Reuter  -  208 words
    • Article
      Lock icon Dismissal notices for 2,200 UK striking seamen
      120 23 Reuter BRITISH FERRY operator P O European Ferries Ltd, part of The Peninsular and Oriental Steam Navigation Co, said it has issued dismissal notices to 2,200 striking seamen at the Dover seaport, and offered them new contracts of employment. P& O spokesman Peter
      Reuter  -  120 words
    • Article
      SHIPPING LIST where your ships are due...and when
      8552 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,552 words
    • Article
      LONDON FREIGHTS
      1178 29 THE DAILY report from the London shipping freights market was not available on Wednesday FIXTURES Tankers: Renewed chartering of viery large crude carriers out of the Mideast Gulf was reported, with three such vessels arranged for discharge in Japan at a fairly steady worldscale 35. tanker brokers said
      1,178 words
    • Article
      SHIPS IN PORT
      1447 29 AT CONVENTIONAL WHARVES Veaael Berth Arrival Departure KEPPEL WHARVES Equotcr *22 oiongside *****300 FE P.tc» *32 oiongside 18 03 1500 GN A» Cebeso K33 oiongside 1803 2359 lin PetQling 3 *19 oiongside 1803 0600 *20 oiongs.de 24 03 0600 Mown* So bo no CIS alongside 1903 1800
      1,447 words
    • Article
      Who acts for whom...
      2025 30 A —B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Seal ion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express.
      2,025 words
    • Article
      OOCL will be linked to the US Customs manifest system
      220 32 ORIENT Overseas Container Line is about to join the rank of lines with direct computer links with the US Customs automated manifest system (AMS). The link between OOCL and the US customs computer system will be formalised on March 28
      220 words
    • Article
      SHIPPING EVENTS
      221 32 March 22-24 NAV 88 Conference. The theme will be Radionav 2000 a European Dimension. The advent of longer range systems, changes in trading patterns have caused a major re-examination of the systems in use. The implication for marine, air and land operations will be considered. Details: Director. Royal
      221 words
    • Article
      Lock icon Panama Canal's headquarters isolated
      219 32 Reuter THE PANAMA Canal headquarters have been isolated and telephone communications are down in what appears to be a non-hostile act by striking elements of Panama's Defence Forces, a US canal official said. William Gianelli, chairman of the board of directors of the Panama Canal Commission
      Reuter  -  219 words
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      698 21 <5 TIMES STP Distributors f Puitfistunq Croup sI'CCV s U I LA OOCL ORIENT OVEIQEAS Co*tdm\ LINE MMC JAROINE SHIPPING AGENCIES (Reg No 2428(4/ OOK) 200 Cantonment Road #12 05 Soutbpomt, Singapore 0206 Ml If/ Tel *****11 TELEX NO RS ***** fRTTIII TERMINAI/CFS Tel *****18 220 L Xf'S BOOKINGS Tel
      698 words
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      Page 21 Advertisements Column 2
      101 21 mm TRUCKING companies are poised for a rebounc after a depressed performance in 1987 anc analysts say some truckers are receiving an unusu al amount of attention as potential takeovei targets. Page I THE SWEDISH government is to grant major ta> concessions for seafarers but has rejected calls foi a
      101 words
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      Page 21 Advertisements Column 3
      815 21 TIME? STP Distributors MAERSK LINE NEW DIRECT SERVICE TO OAKLAND TRANSIT TIME REDUCED RY 5 DAYS SIN/OAK 17 DAYS LPK/OAK 23 DAYS PEN/OAK 22 DAYS (Wef: Louis Maersk 8804 etd sin 30/3/88) To Europe —UK —Scandinavia —Finland This mk LauST M Closing Tim* CY 23/3 2300 H«S CFS 23/3 1300
      815 words
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  • Page 22 Advertisements
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      683 22 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT OSAKA BAY KfYANO MARU HONG KONG EXPRESS TOKYO BAY RHINE MARU TEX ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT LARGS BAY KAMAKURA MARU HONG KONG EXPRESS TOKYO
      683 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      475 22 lEJ C SAV Corr-p.jn j Sud Amencjnj do Vjpcrcs S A c- •■■m i EXPRESS SERVICE TO/from CHILE FEEDER VESSEL CSAV CSAV 1 CSAV I SPORE I*3 V 4 1M I BOTHER VESSEL HK ABIC* IQQ AMTOF VAIP SAI ISIA FLOftEANA 2*13 1H 1» 1M A VESSEL 144 M Iff
      475 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1123 23 The Straits Steamship Group Mansfield Container Shipping Re Ltd k P&O Containers CONHIfCRSW SERVICE TO Utt/COHTtNENfT^I Also Accepting Cargo For: ttemfeurf to CoptflUjfWi. Ajrhttt. Grthtflburj, N»imo Stockholm. Holtii*. Sofldw»uf| Rotterdam to Anhwrp. Amtortom Oslo. Bnlo Zurich Brwntnhjvvn to Brwvwn Southampton to ill UK destinations. B4«»st ind Dublin CCONT AINERSHfP SERVICE
      1,123 words
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      Page 23 Advertisements Column 2
      755 23 NOTICE SABAH, BRUNEI ANO SARAWAK FREIGHT CONFE FAR EAST/BULF OF ADEN AND RED SEA PORTS CONFE The Conference has completed consultations with Shippers' Councils regarding the 9.72 percent cost increase and the consequent General Rate Increase which will apply from Ist April, 1988. Tariff rates having been raised by 6
      755 words
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      Page 24 Advertisements Column 1
      388 24 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN NASR IRAN EHSAN Singapore 19/3 m Loading for:• BANDAR ABBAS BANDAR ABBAS KYOWA LINE Singapore Loading for: EAGLE V-2 21/3 JAYA, LAE, HRA, LTK, MALAU MICRONESIA SERVICE OCEANIA EXPRESS V-12 10/4 OCEANIA EXPRESS V-13 30/4 YOKO
      388 words
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      Page 24 Advertisements Column 2
      947 24 BC&line tftt tMVIt CWATI—FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ CHINA CONTAINER 44W HONGKONG CONTAINER 54 KOREAN jACEJIN 43W QUEEN S NAY BRIDGE 2* SEVEN SEAS BRIDGE 65W KOREAN CHANCE 36W ol the Ace Consortium L (Havre Ft tow* R'dam H'burg B haven U/4 12/4 114 19)4 25,4 26/4 94
      947 words
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      Page 24 Advertisements Column 3
      310 24 FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 24/3 27/3 RO-AFRICA LINE FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS. TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE KIETA, MADANG KIMBE NOUMEA 30/4 SUVA/LAUTOKA 30/4 AUSTRALIA/ NEW
      310 words
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      Page 24 Advertisements Column 4
      932 24 m EVERGREEN Full Contoirwr Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO 1) PROVIDENCE NEWARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON BERMUDA ETC 2) ATLANTA CHICAGO DETROIT. COLUMRUS t OTHER MAJOR MICRORRIOGE DESTINATIONS I) CRISTOBAL BALBOA. PANAMA CITY COLON LN CURACAO VIA KINGSTON 4) MONTREAL TORONTO VIA NEW TOR*
      932 words
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  • Page 25 Advertisements
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      550 25 vw PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK SIN SBV SMG SIN SM SM 19/3 22/3 21/3 24/3 26/3 29/3 27/3 31/3 2/4 S/4 3/4
      550 words
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      Page 25 Advertisements Column 2
      324 25 NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS SP PK LOADING FOR EVPO ACSA N873 Sid 20/3 RDM/ANT/UK DYNAMIC N874 12/4 15/4 NAN/RDM/UK POll II N875 5/4 10/4 RDM/ANT/UK TO: INDIA/PAKISTAN PORTS TO: KOREA JAPAN PORTS SP LOADING FOR NORBULK NBJO2 23/3 INCHON/TOKYO ••LOADS INDONESIA
      324 words
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      Page 25 Advertisements Column 3
      551 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT STON M li/4 14.4 24/4 2ft w US I*s an lift in B HAVEN ROAM a* a* 2*4 M lift a/s TVS 2* 114 22/4 a* it* ws lift 17ft 22ft 27ft M 11* 114 n* 23/4 It 4 tft lift Uft
      551 words
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      Page 25 Advertisements Column 4
      519 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SANUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S PORE BILBAO ANTWERP H BURG/ RDAM/ADAM BREMEN GANDA BHAKTI/20WB 18-21/3 18/4 21/4 S PANJANG/18WB 23 25/3 25/4 2S/4 KUTAI/14WB 13 16/4 16/5 21/5
      519 words
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      Page 25 Advertisements Column 5
      397 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PA-AN VL27W 17/20 Mar HTONEYWA VZ33W 21/23 Mar MERGUi VI3W 24/30 Mar PAGAN VI2CW 2/4 Apr 1420 Mar BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC FORTHBANK V2IN IVYBANK V2IN TAUSALA SAMOA
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  • Page 26 Advertisements
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      1334 26 •"K"LinE SHIPPinG-DftTft ATLflrmC CDfIST (Round-The-World Service) •PK/PNG SPORE ORIENTAL FRIENDSHIP V 7 SLO 19 Mar 11 Apr 21 Apr 23 Apr 25 Apr 29 Apr AMBASSADOR BRIDGE Vl6 19 Mar 24 Mar 16 Apr 26 Apr 28 Apr 30 Apr 4 May ORIENTAL FORTUNE V 8 26 Mar 31 Mar
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      Page 26 Advertisements Column 2
      727 26 jj INDIA EXPRESS CONTAINER SERVICE AccwpMng FCUFCL Containers Sinfapore Mother Vsl THEOOOR FONTANE V 16N 22 Mar S O TRIPURA V 34H 1 Apr RAVIDAS V »M 6 Apr INDIAN COURIER V 2SN 12 Apt SO ANDHRA PRADESH V 37H18 Apr INDIAN COURIER V lON 1 May S 0 MANIPUR
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      Page 26 Advertisements Column 3
      548 26 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 Ttto> Ayir Strict SINGAPORE 0104 TEL S343SM (11 LINES) fa. U43SM STRAITS PERSIAN GULF SERVICE: GOLDEN WONDER Cotombo/Karaehi/Dubei GOLDEN LAND Cotanbo/Karachi/DuUei/Behrain CHINA SERVICE A VESSEL Sharnhai/Hsinkant MNFU Huanfpu/Shanfha. S pore P Ketent Penang 27/28 Mar 16/11 Apr 21/22 Mar 25/26 Mar CHINA
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      Page 26 Advertisements Column 4
      482 26 PHI LI Oni€NT UNCS PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -07 12 AFRO AS.A BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST FAR EAST SH H KONG KOBE. KFRUNG MANILA. BANGKOK. TOKYO. COLOMBO KARACHI. BOMBAY EAST AFRICA MEDITERRANEAN SERVICE MOMBASA. DARESSALAM KIRA. IAMATAVE RIUNION. TANGA LATTAKIA. BENGHAZI
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      889 27 NEPTUNE ORIENT LINES LTD JBahru FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A TO EUROPE/UK (VIA SUEZ): PMIm SSp o t C CONTAINER 44*» In Port 21,3 ,4 HK CONTAINER 54* 2M) 27/3 1M KJACEJIN43W {1/4) 3,4 21/4 QW BRIDGE 2W 7/4 75,4 SS 88 lOC 65* (08/4) 10/4 28,4 KOREAN CHANCE
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      Page 27 Advertisements Column 2
      508 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON STRAITS/KOREA SERVICE Veuel Name No I Donam/IO?N No i Dofijm K)?N "Cloru 803N M Enterprise 80SN No oonam,to3N No 7 Oonjm MMN ETD BS BKK M/ 03 IMB una 7m 14*03 2603 19/03 22/03 am 02/04
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      Page 27 Advertisements Column 3
      1051 27 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** rtNANu p KELANG r T£T£, iLXßtgsr SM ,o ;«nrs TM *****1:*****1 Tta MA ***** FEBLOS" 22nd
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      14 27 ft o J-f MADJU SENOIRIAN BERHAD 20-12 Tong Eng Building. Singapore 0106 Tel *****87
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      410 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 22b 6868 .30 L.nes FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE 'VIA COLOMBO Accepting cargo for INDIA Bombay, Cochin. Madras Calcutta "VIA lARNACA. Accepting cargo tor Lattakia, Piraeus. Thessaloniki, Izmir.
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  • Page 28 Miscellaneous
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      183 28 f Regional Weather o01 1 .7 I v 03 01 if a 3# ?C *r Oi -V m y v: £2 S3 22 "V VT w VAi K H i^3S s v a 11-s: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wave height R Thunderstorm Temperature c
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      Page 29 Advertisements Column 1
      387 29 <CFS> CRYSTAL FREIGHT SERVICES PTE ITO Tel: *****88 Tlx: ***** Fax: *****88 ALSO ACCEPTING TO KEE/KAO 27/3, 3/4 BUSAN 24/3, 31/3 TYO/YOK 28/3, 4/4 BANGKOK 26/3, 29/3 mm UNI-OCEAN LINES PTE. L 60 Cecil St #02-01. KPB Bu.lding S'pore 0104 Tel: *****66 (5 lines) V Telex: RS ***** UNISHIP CONTAINER
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      Page 29 Advertisements Column 2
      82 29 \\CSP\ CSP SHIPPING AGENCIES PTE. LTD Tel *****66 (16 Lines) Fa* *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: CHINA, NON 6 KONG, BANGKOK, P.KELANG, KEELUNG. KAOSHIUNG, MANILA, BUSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE. HAMBURG ALL EUROPE BASE PORTS ALL USA PORTS Al» accepts to oth«r dwtinationv ACCEPTING FCL/LCL AND CONVENTIONAL: E LOADING
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      Page 29 Advertisements Column 3
      818 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. 01 IRAQI LINE i**Qi Stati fnt(Rfaisi rot bariumi transport EAST BOUND SERVICE ETA S PORE LOADING FOR In Port Jipjn WEST BOUND SERVICE ETA S PORE LOADING FOR 15/4 iedcUh Aqaba Baftidad THROUGH B/Lt to BAGHOAD UPON REQUEST ACCEPTING CONTAINERS UPTO AQABA i BAG
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      606 30 fine-liner shipping ram, PTE LTD 1 '0 Shenton Wiy (M O.'C Virmi Hnjse S pore 0?07 Hi *****7/ (H lines) 1 tlx rs ?:mi fliner fax TIN 24(1 TIN V< TIN 17f4 EUROPE SERVICE rv' ux n imi FAR EAST SERVICE ijm'j. Mr7rrrii'7-'i7.i MIDDLE east golf service I |"Q OWI
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      Page 30 Advertisements Column 2
      470 30 ZIM fUIL CONTAINER SERVICE acceftinf FCL/LCL cargoei to USA East i Wett Coast Carnbbean East Canada HAITI Costa Rica El Salvador. Guatemala Honduras Venezuela Peru Ecuador. Colombia via Miami Trinidad Barbados Antifua St Lucia. Montserrat. Cuayana via Kingston AUSTRALIA CONTAINER SERVICE ACCEPTINC CARSO TO AOELAIOC VIA MELBOURNE ANO ALSO Fa
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      Page 30 Advertisements Column 3
      637 30 Everett Lines I MANOLOEVERETT JOHNEVERETT MURRAYEVERETT Singapore W Apr »71 Apr 1/2 May TOSk COMPANIA PERUANA r A DE VAPORES "PERUVIAN STATE LINE" j LOADING FOR CALLAO, MATARANI, ILO' AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Perunf* P Kelanj*
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      239 31 KARACHI I CALCUTTA MADRAS COLOMBO BOMBAY accepting FCL/LCL 18/3/88 NOSTRA SHIPPING PTE LTD TLX: ***** FAX: *****12 TEL: *****12 (5 Lines) <8> gship Agencies Tatoplton*: 2216*43 2230*90 224*374 T»(«« M 2*571 FAX 225*0*9 AS NGSHIP BREAKBULK CONTAINER SERVICE TO CHITTAGONG. INDIA TAIWAN I MINXING A VESSEL CHINA SERVICE 25 31/03
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      Page 31 Advertisements Column 2
      523 31 SING KWANG HANG LCL/FCL SERVICE JENHOL VS9N Also icceptlng cargo 10 KEEL UNO. KAOHSIUNQ, MONO KONG, P. KELANQ, BUSAN 4 JAPAN E. MALAYSIA t BRUNEI PORTS TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST mi'Ku LUCKY SEAWAY SERVICES PIE LTD Tit ***** fn: *****7T S.E.ASIA/CHINA SERVICES SCP PKLANG PNC FOR
      523 words
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      Page 31 Advertisements Column 3
      549 31 GLORY NAVIGATION GROUP RESULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' GLORY SELATAN VIII SW 9/3 GLORY SEIATAN IX Vtf SW BLW KAOH U(3 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO
      549 words
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      Page 31 Advertisements Column 4
      423 31 PTC CONTAINER LINES FCL/LCI SERVICE PIC Gf«JUP CICJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL VH AFGHANISTAN 29/3 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SRVICES LTD International NVOCC Container Liner Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K. Gener.il Agents POH TIONG CHOON SHIPPING (PTE) LTD
      423 words
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      Page 32 Advertisements Column 1
      373 32 Hai Sun Hup Co (Pte) Ltd n 1 TEL *****06 (20 Lines) TLX RS ***** ARS ***** fc. I \S I I K\ \K I l\l K I) STRAITS/ JAPAN/ STRAITS SERVICE iPECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE
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      Page 32 Advertisements Column 2
      512 32 cgm: FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/IfcXICO AND FRENCH WEST INDIES For Gulf: Miami, Mobile, New Orleans, Houston/Mexico Vera Cruz. Mexico City. Also serving Halifax, Montreal, Toronto. New York. Baltimore, Portsmouth. Norfolk. Savannah/ FRENCH W Indies Port De France. Pointre A.Pitre. Defrad D.Cannes. 1 COLUMBUS
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      Page 32 Advertisements Column 3
      285 32 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK NIHON-ASIA SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** SHIPPING PTE LTD TEL- *****55 (3 LINES) TLX: RS ***** FAX *****14 TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKC KEE QINGOAO SILVER HAWK Sailed In Port LATANCAN 17/3 1/4 4/4
      285 words
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      Page 32 Advertisements Column 4
      782 32 V CALL US urn* AT; P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/3657U1 04-*****2/4, *****3 •07-*****8 •07-*****3, *****5, *****0, *****1 •02-*****22 *****88 ¥EEKLV FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER BUTANG 427 8 BUTANG 429 B BUTANG 431 ,B BUTANC 433 OTHER DESTINATIONS AARHUS AMSTERDAM ANTWERP. BASLE
      782 words